MIAMI BEACH EDUCATION FOUNDATION INC

EIN: 311735967 501(c)(3) Education

MIAMI BEACH, FL

Total Revenue
$296,822
Total Expenses
$316,517
Total Assets
$323,741
Net Assets
$224,324
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
FL
Principal Officer
BRITTNIE BASSANT
Phone
3056741300
Tax Period
2023-10-01 to 2024-09-30

MIAMI BEACH EDUCATION FOUNDATION INC, founded in 2000, is a small nonprofit in the Education sector that reported $297K in total revenue in fiscal year 2023. Revenue fell 25% from the prior year — a significant decline worth monitoring.

Mission

TO IDENTIFY AND SUPPORT THE NEEDS OF PUBLIC EDUCATION IN MIAMI BEACH AND ITS FEEDER PATTERN SCHOOLS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $296,822
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $296,822

Expense Breakdown

Grants Paid $289,503
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $314,779
Other Expenses $27,014
TOTAL EXPENSES $316,517

Year-over-Year Comparison

2023 2022 Change
Revenue $296,822 $394,061 -0.2%
Expenses $316,517 $282,585 +0.1%
Net Income $-19,695 $111,476 -1.2%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
71
Independent Members
71
Employees
N/A
Volunteers
7

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$52,923
Total Directors
71
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD SEGAL CHAIR-ELECT 0.10
Officer Director
$0 $0 $0
SEUTH FEUER VICE CHAIR 0.10
Officer Director
$0 $0 $0
ALFREDO J GONZALEZ VICE CHAIR 0.10
Officer Director
$0 $0 $0
LINSEY LOVELL VICE CHAIR 0.10
Officer Director
$0 $0 $0
STEVEN KREINIK TREASURER 0.10
Officer Director
$0 $0 $0
AARON RESNICK ESQ BOARD MEMBER 0.10
Director
$0 $0 $0
ALEX SPILLIS BOARD MEMBER 0.10
Director
$0 $0 $0
ANA CECILIA VELASCO BOARD MEMBER 0.10
Director
$0 $0 $0
ANDRES ASION BOARD MEMBER 0.10
Director
$0 $0 $0
ANTHONY NOBOA BOARD MEMBER 0.10
Director
$0 $0 $0
ARATHI RAMAPPA EXBOG BOARD MEMBER 0.10
Director
$0 $0 $0
ARON U RASKAS EXBOG BOARD MEMBER 0.10
Director
$0 $0 $0
BRENT LATHAM BOARD MEMBER 0.10
Director
$0 $0 $0
BRETTON HUNCHAK BOARD MEMBER 0.10
Director
$0 $0 $0
BRUCE GOULD EXBOG BOARD MEMBER 0.10
Director
$0 $0 $0
BRUCE SIEGEL BOARD MEMBER 0.10
Director
$0 $0 $0
CALVIN KOHLI BOARD MEMBER 0.10
Director
$0 $0 $0
CECILIA TORRES-TOLEDO BOARD MEMBER 0.10
Director
$0 $0 $0
CHIEF WAYNE JONES EXBOG BOARD MEMBER 0.10
Director
$0 $0 $0
CHRIS ROLLINS EXBOG BOARD MEMBER 0.10
Director
$0 $0 $0
COLE BOUCHER BOARD MEMBER 0.10
Director
$0 $0 $0
COMMISSIONER ALEX FERNANDEZ BOARD MEMBER 0.10
Director
$0 $0 $0
DANIELLE D'ALESSANDRO BOARD MEMBER 0.10
Director
$0 $0 $0
DAVID GRUTMAN BOARD MEMBER 0.10
Director
$0 $0 $0
DAVID MARTIN BOARD MEMBER 0.10
Director
$0 $0 $0
DAVID WHITAKER BOARD MEMBER 0.10
Director
$0 $0 $0
DON PEEBLES BOARD MEMBER 0.10
Director
$0 $0 $0
EMILY SHERMAN BOARD MEMBER 0.10
Director
$0 $0 $0
ERIC SEGRETI BOARD MEMBER 0.10
Director
$0 $0 $0
ERIN DOWD BOARD MEMBER 0.10
Director
$0 $0 $0
EVA DIAS BOARD MEMBER 0.10
Director
$0 $0 $0
FRED BEAN EXBOG BOARD MEMBER 0.10
Director
$0 $0 $0
FREDDIE PETERSON EXBOG BOARD MEMBER 0.10
Director
$0 $0 $0
GEORGE MOHAMA BOARD MEMBER 0.10
Director
$0 $0 $0
GUS DOYLE BOARD MEMBER 0.10
Director
$0 $0 $0
JAMIL DIB BOARD MEMBER 0.10
Director
$0 $0 $0
JAMIL DIB ADDITIONAL REP ELBA MACHA BOARD MEMBER 0.10
Director
$0 $0 $0
JASON INASI BOARD MEMBER 0.10
Director
$0 $0 $0
JAY P PARKER ESQ BOARD MEMBER 0.10
Director
$0 $0 $0
JEEVAN TILLIT EXBOG BOARD MEMBER 0.10
Director
$0 $0 $0
JIMMY ROCCO BOUCHER BOARD MEMBER 0.10
Director
$0 $0 $0
JOE HRBEK BOARD MEMBER 0.10
Director
$0 $0 $0
JOHN STUART EXBOG BOARD MEMBER 0.10
Director
$0 $0 $0
JORGE GONZALEZ BOARD MEMBER 0.10
Director
$0 $0 $0
JORGE J GONZALEZ BOARD MEMBER 0.10
Director
$0 $0 $0
JUNE HENDERSON BOARD MEMBER 0.10
Director
$0 $0 $0
KENNETH WRIGHT BOARD MEMBER 0.10
Director
$0 $0 $0
LYLE STERN EXBOG BOARD MEMBER 0.10
Director
$0 $0 $0
MADELEINE ROMANELLO EXBOG BOARD MEMBER 0.10
Director
$0 $0 $0
MARISA GALBUT BOARD MEMBER 0.10
Director
$0 $0 $0
MARK J GEMIGNANI EXBOG BOARD MEMBER 0.10
Director
$0 $0 $0
MATIS N COHEN EXBOG BOARD MEMBER 0.10
Director
$0 $0 $0
MAX SKLAR BOARD MEMBER 0.10
Director
$0 $0 $0
MEHDI KHACHANI BOARD MEMBER 0.10
Director
$0 $0 $0
MICHAEL C GRIECO BOARD MEMBER 0.10
Director
$0 $0 $0
MICHAEL S GOLDBERG EXBOG BOARD MEMBER 0.10
Director
$0 $0 $0
MICHAEL W LARKIN BOARD MEMBER 0.10
Director
$0 $0 $0
MUTLUHAN KUCUK BOARD MEMBER 0.10
Director
$0 $0 $0
OMAR BAR-SADEH BOARD MEMBER 0.10
Director
$0 $0 $0
PATRICIO FERNANDEZ BOARD MEMBER 0.10
Director
$0 $0 $0
PAUL M LOWENTHAL EXBOG BOARD MEMBER 0.10
Director
$0 $0 $0
PEGGY BENUA BOARD MEMBER 0.10
Director
$0 $0 $0
PETER KANAVOS BOARD MEMBER 0.10
Director
$0 $0 $0
REINALDO BORGES EXBOG BOARD MEMBER 0.10
Director
$0 $0 $0
RICHARD POTOTSKY EXBOG BOARD MEMBER 0.10
Director
$0 $0 $0
ROBIN JACOBS EXBOG BOARD MEMBER 0.10
Director
$0 $0 $0
SANDOR SCHER BOARD MEMBER 0.10
Director
$0 $0 $0
SHEILA DUFFY-LEHRMAN BOARD MEMBER 0.10
Director
$0 $0 $0
SUZANNE BECKMANN BOARD MEMBER 0.10
Director
$0 $0 $0
THAIS A ASPER BOARD MEMBER 0.10
Director
$0 $0 $0
WAYNE PATHMAN EXBOG BOARD MEMBER 0.10
Director
$0 $0 $0
BRITTNIE R BASSANT PRESIDENT/CEO 0.10
Officer
$0 $0 $52,923
JEROME E LIBBIN FORMER PRESIDENT/CEO 0.10
$0 $2,164 $232,973
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $296,822 $316,517 $323,741 $-19,695
2023 $394,061 $282,585 $244,019 $111,476
2022 $191,230 $151,789 $243,108 $39,441
2020 $148,899 $228,285 $85,212 $-79,386
2019 $210,949 $167,375 $164,598 $43,574
2018 $174,954 $148,960 $219,632 $25,994
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